Do you own your property free and clear? If so, you’re in a prime position to leverage the power of seller financing and potentially achieve a higher sale price without dealing with the listing and selling process. Seller financing, also known as owner financing, is a powerful tool that allows Fairway Homes to pay more. We will give you a large down payment and pay you a monthly payment for an agreed upon time.
Why Choose Seller Financing?
Here’s a deeper dive into the advantages of seller financing:
- No Home repairs, no impromptu no showing, no commission or no closing costs.
- Higher Sale Price: We are willing to pay you more than an all cash offer for the convenience and accessibility of seller financing.
- Steady Income Stream: In addition to a healthy down payment, seller financing allows you to receive payments over a set period, creating a consistent income stream. This can be particularly beneficial for retirement planning or generating passive income.
- Tax Benefits: Seller financing can offer certain tax advantages.. You may be able to spread out your capital gains over the term of the loan, potentially reducing your tax burden in a given year. Please consult with a tax professional.
- Faster Closing: Seller financing can often lead to a faster closing process compared to traditional bank financing. Without the need for lengthy bank approvals and appraisals, the transaction can be completed more quickly and efficiently.
- Reduced Closing Costs: Since you’re not dealing with a traditional lender, you can often minimize or eliminate certain closing costs associated with bank loans, such as appraisal fees, loan origination fees, and other lender-related charges.
The Fairway Homebuyers Promise
In addition to a large down payment we will give you a monthly payment. We guarantee we will never miss a payment. We are so confident we will pre-sign a deed in lieu of one missed payment. Allowing you to keep the healthy down payment and all the money we paid and get the house back!